The Strategist

World Wide Web creator sells its source code as NFT for $5.4M

07/01/2021 - 08:29

British scientist and founder of the Web Tim Berners-Lee has sold the source code for the WWW technology in the form of an NFT (non-interchangeable token), auction house Sotheby's has revealed. The token was sold for $5.43 million.

The token form included an archive of the source code, which dates back to 1990 and 1991, an animated version of the code, an image of Mr Berners-Lee's code and signature, and his message. The copyright for the items up for auction was not sold.

Mr. Berners-Lee developed the technology of the World Wide Web, consisting of a web browser, a web server, a hypertext markup language, and a protocol for its transmission (HTML and HTTP). The Internet existed before the advent of the web, but was mainly used for e-mail and file transfer. Tim Berners-Lee's developments made it possible to create websites. Tim Berners-Lee was knighted as a Knight Commander in 2004 and was granted the title of Sir.

NFT is positioned as a technology that allows the ownership of a digital asset to be confirmed using blockchain. The largest transaction with an NFT token took place at Christie's online auction: a painting "Everydays: The First 5000 Days" by the artist under the pseudonym Beeple was sold for $69 million.